A10435 | Pages: NA | Jul 2022 | 508 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Amphibious Aircraft Market
Request Now !An amphibious aircraft is also known as a floatplane or flying boat. Amphibious aircraft, also known as amphibian aircraft is the type of aircraft having the ability to land on both land and water. In the global amphibious aircraft market, some of the aircraft are seaplanes that are equipped with retractable wheels. Moreover, the amphibian aircraft with retractable wheels have a low fuel economy, in comparison to other types of aircraft. Also, the market has amphibious aircraft that have reinforced keels fitted, allowing the aircraft to land on snow or ice. Furthermore, the most prominent factor driving the global amphibious market is its suitability for offshore applications, where due to the unavailability of a landing surface, the aircraft has to be landed on water.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered |  Aircraft Type, Engine Type, and End Use |
 Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa) |
 Companies covered | Aviation Industry Corporation of China (AVIC), Aero Adventure Inc., ShinMaywa Industries Ltd., AIRTIME AIRCRAFT, Viking Air Ltd., Ballard Sport Aircraft Ltd., United Aircraft Corporation, BERIEV AIRCRAFT COMPANY, ICON Aircraft Inc., AIRCAM Lockwood Aircraft Corporation. |
Â
COVID-19 Scenario Analysis:Â
The global amphibious market is driven by increase in tourism across the globe. Also, various government initiatives to foster tourism encourages huge private sector investments in the global amphibious aircraft market. Moreover, the advancements in technology boost the rate of the application while improving aircraft efficiency and reducing costs. Furthermore, amphibious aircraft are used for carrying out search and rescue missions, which is proliferating the demand for the same in the global market. However, the number of accident rates of amphibious aircraft is increasing worldwide, which is likely to hamper the growth of the global amphibious aircraft market.Â
The global amphibious aircraft market trends are as follows:
Tourism is considered as one of the most crucial factors propelling the growth of the global amphibious aircraft market. Most of the nations are looking at amphibious aircrafts as being a lucrative option in terms of passenger travel. Also, the lifestyle change, increase in consumer spending toward travel, reduced cost of aircraft manufacturing, and others are the factors anticipated to accelerate the growth rate of the global amphibious market. Moreover, the use of composites while designing the base of aircraft enhances the experience of aircraft while increasing its durability for a longer period. Furthermore, these composites offer protection from corrosion, while reducing the weight of the aircraft.Â
Technological advancements play a vital role in improving the performance and efficiency of an aircraft. In addition, the global amphibious aircraft market is witnessing various innovations in terms of increasing speed, reducing fuel consumption, and reducing the cost of manufacturing, which in turn is proliferating the demand for amphibious aircraft. Moreover, companies like LISA Airplanes has innovated the concept of using sea foils for amphibious aircraft to eliminate the need for designing traditional hull shaped amphibious aircraft. In addition, while taking off from the water, the sea foils fitted to the fuselage of the aircraft is used for lifting the fuselage of the aircraft at high speeds.
Key Segments Covered:
Segments | Sub-segments |
 Aircraft Type |
|
 Engine Type |
|
 End Use |
|
Â
Key Benefits of the Report:
Questions Answered in the Amphibious Aircraft Market Research Report:
Key Market Segments
Segments | Sub-segments |
---|---|
By Aircraft Type |
|
By End Use |
|
By Region |
|
Key Market Players
Loading Table Of Content...
Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers